HomeMy WebLinkAbout0371 . . ~
r ~
. - ~ BUILDING "D" 1~~~~ Jr
' TN[8 MORTOAdB OSED. m~d~ ~ud uKwt~d eM ~ Z dyr o/ ~ . 1~ ~9
Jack L. McGinnls and Mar~a A: McGinnis, his Nife of 715 Ravenna Circle,
~ R~yrwldsburg, Ohio 43068
b~ninatt~e au~d tM Dtats~a. which c~o ~b~ll inelud~ ce~ h~irs. Iesa1 npr«a,acive~. ruoo~or. aad a~r
ot tM Mid !r[ccls~gor w!?~e+sv~ tM coat~st w»antrw or ~dmit~. .
to 7'lJ1t7LS RBBF A890CIA1`E8. INC.. P.O. Bw~ d18. J~aNU Awch. F[. 3946T
Me~inattK eaUd' tM Mat~~e~, whicb tRm ~haD inelud~ tb~ ~uoas~ors and wians ot t!r
Mid Moets~ wMnv~ t~M eonts:t so raquire~ or ~dmita.
' l/3
w1TNB83STH: 7lrc tor dwas sood and wlwbis aonddKationa. and .4o ia oon~idKatiQa ot th~ ~resat~ w~m '
wmd !n ths pwmia~ iwte ot Qven ~late herawitA be^siaaftar ds~eribed. tb~ aid Mort~or dos~ h~'~hj?
~nu~ b~rsain• s~ll. aWa. ewniN. rele~se. oonvey and confirm ut~to tlie said Muet~~. 6b b~irs. wn~oeMOe~ ~nd ~
u~i~. a11 tM e~rtaio pi~oe.... p~roel.... ar er~ct.... ot I~nd. ot whicFi t6s wid 1~[oets~ b ao~ ~eised sod
po~~sd and in~etual poa~uion. sitwts in tRe County oi 3t Lucie and 3tate ot Floeid~. dMaibsd ~s toUo..x
- o
~ e~i
Unit Weeks 40, 41 and 42 in Condominium D 4
consisting of Apartment Nu~er D 4 and its undivided share ~ o~~
N
of the common elements of Turtle Reef Condominium I, as such is . A~~°_Q
. . O 3.: p ~
described in the Master Form Deed, recorded in Official Records Book s~ m~'
a ~_3
263, Page 2002. This is a purcha~e money mortgage.
~ N Q
It b tnrtbK ~eed betwesn tbe p~rties to this mort;sae that, ia additioa to tbs tarms and oonditions ~at ~
att b~eein. if • oaweyanoe sbou{d be rerds by t6e Mata~g~or oi tbe pe~emisss hereia daeribed. or upr part .o a°
t6~not witLout _ 6»t obtdnins both t~s written consart ot the hold~r bereof. and w aswmption cf t6ii s~-.
oWisatioo. ia writios. 67 ths ofw pe~opo~sd (irantea then. aad in that svent. ~t ths option ot the Mider hereof. ~ y~
witbont notks. ~11 ~ms ot moory Mevred henb~r ~h~ll. immediatdr and ooncvrreatly with snch oonvq~nos. beoome
dw and payabls ~nd said Note and l~oet~ sualt bs ia defauh. ~
'PO HAYE AND TO HOLD tM at~ns, to~ethK with all ud w~gul~r the te~nsnta. 6erodkament~ and aP
prort~oaao~r tlwreun~o bdonging or in anywise ~ppertaining u~d t6e eeveraion aad rsv~ioo~. rem~inder ~nd ~
mvod~ra. nata. i~ww and protits thereof ~ad also ~ll tbe estats. rigbt. titis. inte~est. ProPe+tY. Pass~woo. cWm ~nd
den~nd wbataow~r ~s waU ia law as in equity ot the said blortgag~or in ~nd W t6e s~ms and tvrry patt, ~nd
p~rosl t6~reot nnto th~ aid Mortgaaee. ~nd his heirs. ~s and ~ssigns. in fee simpb.
Aad a~id Mort~~. for h~f. and his hein. le~a1 rsaese4tatives, sneoessors ~nd auians. 6ereby aonvao~nts
wkh a~id Mortsaass, hia bevs. {egd r+epeeaeatatives. suooe~aor~ md assigns. tlNt eaid Matg~x i~ iadeh~u'bb?
~eir~d ot aid Wid 'm tee simpl~ that tAs s~id Mortaagor hu tnll power and lawful ri~ht to oonvey t6s s~me in (es
~impM as doressid: tlut it s6a11 be l~w[ul fae aaid Matsagee, hii 6eirs. leg~l *ePre~?tativa, weceaors and awigos.
at dl timw Peu+ablp ard 9dietlY to enter upoa. bold. oauP'Y ~nd eajor aaid I~nd ~nd rveq? p~rt tlieraof.
tlut aaid l~nd u hes irom ~D inenmbrmoea: t6~t s~id Mortg~g~or. 6is liairs. lsgd repe~eseAtatives. ~oooe~ors aod
as~a. wOl maks sneh turtl~ assurance~ to pertect tbe fee stmpM titie to pW l~nd in ~tid Mr~otaadee,
his 6~ira. M~s! re~e~entatives. s~ooesson and usians, as may rauoa~biy b~ eeqaired: and tlut ~aid Matpgor ~
doe~ I~rebyY inllp warrant tbe title to s~W laad ~nd every patt theeeot and w~l detend t6e same against ths
~ lawfiil claims ot all peraons wleomsoevar.
F It is uaderstood that e~cb .ot the ~?ards. •'note... •.~nortgagor.. and .•mataagee•. resps~tively aad t1r p~ooo~m .
~ refercing thareto. wbet6er ia the singular ar plunl anywhere in this mortgage. stuU be sfogul~r ii oos oaty and
si~a11 be Pln*d jointty and sevenlly. if more than oae. and shaU bs enscuGne. feminiae and/or oeater. wb~ever
~ t~e aootat io implia ar ~dmiis.
~ Md ajd Moct~~ for ldmseif aad Iw Mirs. ls~al repns~eneative~. A~ooeMOrs aud wisa~. hersbr ~ats ~nd
agreM to and with a~id Mortgsgee. his legal representatives. auooeseors and aaigas:
1. To p~y al! and sjngular the pritx.ipal ~nd interest and the variais and wadry sums of money payabM by
virtue of said promi~wry note. aad t~his mortgage. e~ch and eveey. promptty on tbe days respectivdy the sams
severally bsornne dw. .
~
2. To p~y dl .nd singulu the tues. asseasments. levies. liabilities. obligatiwrs aad iACnmbranoes ot eveqr
naWr+e and kind taw on uid describsd pe~operty. andlor that hees~ft~ may be impwsd, saffeeed pl~eed. lsvied
a' asiewsd tberenpoa. and/or tlut here~fter m~y be levied or asss~~ed upoo thi~ tnartaags and/a tbe iodsbtednep
aseared berebr. e~cA a~ every. wheo due and p~yabie aooocdina W l~w. bsfore t6sy become dslioquen~ ~nd
before any interest attac6ea or ~nr peo~lty u uxvrred: and in so far u any t6ereof u of reeord tl~e ~~11 be
pe+ompt]p wtisfied u?d di~ebar~ed ot reca~d wd tbe original officfal doeume~t Isuch u. tor inat~nos. ths t~
~ esoript or the satLtaetion papar offici~ity andoned or eMifiedl sb~l) bs pisoed in tAe hands ot s~id Muetpge~
wfchtn eea day. n~c atcer payment~ and in che evenc chac .ny thersot b noc so p~fd .ac;.fisd ana d~r~ed.
~ ~aid Mortgagee m~y at auy time pay the s~me or wy p~rt tbsreot witbont waivina ar aNecti~ anY aPtio'n.
~ lia,, equicr or riglic undrr or by vircue ot chis morcgage. and che hill amoune of e.cA and eveq? such p.yment ahalt
g b~ immsdiately due and payabb and ~haU bs~r interaat from t6e d~t~ tl~eeeof until paid at ths nte af teo per
~ osaturn per annum and tasethar wit6 such inRere~t shall be secured by the lien ot tlds mortgaas.
~
~ 3. To placs and oontinuousty kesp oo ths buildin~s now or bee~e~fter sitwce on aaid l~nd tu~e and windsterm
~ Quunnea in t6e usual ~tandard policy torm. ie • sum not isM tban tLs amoant due hereoa iu such oompanY
~ er campaniea u may bs •pproved by said Mort~aee; and atl auh irwranoe pdkies o~ anr ot s~id bu~dinp, anr
intenst thsrein ar part tb~rwf. in the ~eg~te sum aforesaid or iu euas t6ereot. shall oontain t6a awW
dandard mortsaaee cl~nae m~ing the IoM und~ eaid policfes. eae6 ~ad everp. P~Y~bk W s~id ~latga~es p hi~
1at~t m~y app~ar. ~ad ~aeh and every wub pdky shdl bt pe~ ddfv+Ked to aad he~d by ~aid 1~Iat~ap~c
and. not ka t6an ten dq~ in ~dvanee oi tbs aspiration of s~ch pdie~. w d~liwr to wid ldatp~ • esrw~l
~ t~not. tagether wit6 a raeeipt tor t!w premium o! we6 r~oewak and tMrs s6~U b~ no weh ~ phad
~ ao a~r ot said bnildinp. any int~e~t tl~aedo or p~rt t6ersot. un1sN in tb~ faan and witL tb~ bss p~y~bis u
dorswid: and in che ev~nc anr ~um of aoo~ey beoomes p~yabM under w~ch poliey or po8c~ ~nd ~d Martp~
:
` - BOflK e7~z . PAGE _
' i
~ . ~ - ~ - - . _ ~ . ~ ~
~.a.,. ' ~ .
...r~~~~.'r~~~a. ~
3..,-.. . _ _ . . :~'~s _